Weekend Update 11/14/08

Safe to say that the mood of last week, with its anticipation of change, is a distant memory. A different kind of anticipation permeated the tech and online media industries, one more reminiscent of April 2001. There was news all around of layoffs, pending layoffs, bankruptcies and stock dives.

The Online Ad Slowdown, by the Numbers

Gawker Media’s Nick Denton says publishers are still underestimating the coming ad collapse. Don’t believe him? Then look at the data from Jupiter Media–yet another online publisher who saw its business tank in the last quarter.